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...March 1, 2 and 3....
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...John Ralfe is an independent pensions consultant. X: @johnralfe1...
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...Fact 4 Countries that resolved inflation KEPT AT IT The corollary to facts 2 and 3 is that successful inflation fights usually came when central banks both raised interest rates higher and kept them high...
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...We also meet our second fiscal rule for public sector borrowing to be below 3% of GDP three years early. Borrowing falls from 4.2% of GDP in 2023-24, to 3.1%, 2.7%, 2.3%, 1.6% and 1.2% in 2028-29....
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